Del Monte Kenya Commissions KSh 515mn Frozen Facility and Solar Plant
Del Monte Kenya has commissioned a pineapple frozen processing line and an 807kW solar power plant as it seeks to expand its export capacity and reduce its carbon footprint.
The KSh 5 Trillion Fund that Must Build Kenya Without Debt
At the heart of the Bill is a brake that the proposed National Infrastructure Fund from issuing bonds, taking bank loans, or leveraging itself to raise capital.
Kenya’s Unpaid KSh 3.5bn AFCON Fee Sparks Budget Concerns for 2027
Kenya Added KSh 1.37 Trillion Debt in 2025, Domestic Lenders Carry the Load
Kenya’s public debt increased by KSh 1.37 trillion in 2025 to KSh 12.30 trillion, lifting the debt ratio to 67.5 percent of GDP. Domestic borrowing accounted for about 70 percent of the rise, with banks, insurers, and pension funds absorbing most new issuance. External debt grew more moderately, led by multilateral lenders, while bilateral exposure fell, including sharp reductions from China. Debt servicing pressures intensified, with nearly half of FY 2025/26 interest costs already incurred by December.
Gulf Energy Secures KSh 1.9bn Rig Ahead of Turkana Oil Launch
Gulf Energy E&P BV has leased a KSh 1.94 billion ($15 million) onshore drilling rig in Abu Dhabi, UAE as it prepares to kick off productionKenya Grants Uganda Exclusive Board Seats in KPC
The government has extended the Kenya Pipeline Company IPO by three working days after the Capital Markets Authority approved a revised closing date of February 24, 2026, following investor feedback during the offer period. The extension comes alongside governance amendments that recognize KPC’s regional role, including board nomination rights for Uganda subject to shareholding thresholds. Offer terms remain unchanged, with allocation results due on March 4 and trading set to begin on the Nairobi Securities Exchange on March 9.Kenya Pipeline Extends IPO Bank Guarantee Deadline
Kenya Pipeline Company has revised settlement terms for investors using Irrevocable Bank Guarantees in its IPO, extending the final payment deadline to March 6, 2026 from March 5 after approval by the Capital Markets Authority. The update, issued on February 18, comes a day before the offer closes and lengthens the bank settlement window to 48 hours while tightening assignment rules on guarantees. The company said the changes affect only post-allocation payment mechanics and leave pricing, offer size, and other IPO terms unchanged.Tatu City Bets on Wildlife Sanctuary to Anchor Tourism Push in Kiambu
Kiambu County could soon add conservation tourism to its economic profile after Tatu City Limited submitted an Environmental Impact Assessment (EIA) study to the National Environment Management AuthorityNairobi’s Prime Property Market Cools, Buyers Shift to Peri-Urban Hubs
Kenya’s property market cooled in the second half of 2025, with prices showing little movement from the first six months of the year as developers grappled with rising supplyNigerian Defence Startup Terra Industries Extends Funding Round by US$22mn
Crested Uganda Pegs Kenya Pipeline's IPO Fair Value at KSh 4.61 Ahead of Offer Close
Uganda's Crested has valued the Kenya Pipeline Company IPO at KSh 4.61 per share, warning of a 49% downside to the KSh 9.00 offer price as the subscription period nears close. The valuation aligns with Old Mutual Uganda’s earlier call and is based on a blended DCF and peer-multiple analysis, factoring in KPC’s heavy capex plan and modest 3.9% dividend yield at the offer price.Sasini Shares Jump 59% on KSh 7.9bn Land Sale
Sasini shares have surged about 59% in six trading sessions, closing at KSh 32.00 on Friday, February 13, from KSh 20.10 on February 5, after its FY2025 annual report disclosed an agreed KSh 7.9 billion sale of the Gulmarg Division in Mweiga Estates, Kiambu County
